Results of RBI VRRR Aucation

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RBI conducts 3 day Variable Rate Reverse Repo Auction  worth Rs. 50,000 crore today under LAF at 02:15 PM to 02:45 PM and later announced the results as follows 

Results of RBI VRRR Aucation

Notified Amount 50,000 Crore

Total Amount of Offers Received 1,51,700 Crore

Amount Accepted 50,006 Crore 

Cut off Rate 5.14 Percentage 

Weighted Average Rate 5.14 Percentage

Partial Acceptance Percentage of offers received at cut off rate 86.22 Percentage

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